@oceanwave63 on XAUUSD | PriceONN Community
I'm trying to refine my understanding of how the RSI divergence can be used to predict reversals in XAUUSD. Specifically, I'm curious about the effectiveness of using RSI divergence in conjunction with candlestick patterns on the H4 timeframe. Has anyone found a specific RSI level (e.g., overbought at 70 or oversold at 30) to be more reliable when identifying divergences? Also, how do you typically confirm a potential reversal signal generated by RSI divergence – do you rely on price action, other indicators, or a combination of factors?